FX rigging could be 'swindling' pensions of millions

Stephanie Baxter
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Pension funds could have been cheated out of millions of pounds by manipulation of the £3trn foreign exchange (FX) markets, warns Mark Taylor, dean of Warwick Business School.

The academic welcomed the decision by the UK Serious Fraud Office (SFO) to launch a criminal investigation into allegations of fraudulent conduct in the FX markets, announced on July 21. The mov...

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